Itron files $100 million shelf

By Ted A. Knutson

Washington, March 16 - Itron Inc. filed a $100 million shelf in an S-3 registration with the Securities and Exchange Commission.

The shelf allows the company to issue debt securities, common and preferred stock, stock purchase contracts, stock purchase units and convertibles.

The Spokane, Wash.-based maker of hand-held computerized utility meter readers said proceeds from offerings authorized by the shelf will be used to repay or refinance debt, to fund acquisitions, to repurchase stock and for general corporate purposes.

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